Hot Octopuss Ltd

Hot Octopuss Ltd from Denmead UK: a small, active company founded 14 years ago, employs six people, and holds £1,023,748 in assets. It operates from a virtual address, managed by three directors and two owners. The company regularly imports and exports optical and medical tools and devices, with 9 months of import activity and 32 months of export activity recorded.

The company's core business revolves around the retail of adult toys and accessories, primarily through its website, Hot Octopuss. The site caters to a wide range of customers, offering products for men, women, and couples, with a strong emphasis on wellness solutions and supporting conditions like erectile dysfunction and premature ejaculation. It also features a blog with content on sexual health and relationships, and even offers a range of products specifically for LGBTQ+ individuals and those with disabilities. The website has a clean, modern design and a user-friendly interface, with a focus on discreet shipping and customer support.

Financially, Hot Octopuss Ltd presents a mixed picture. Current assets have fallen by 22% to £1,000,000, while net assets have dropped a significant 34% to £390,000. Bank borrowings have increased by 19%, reaching £120,000, and cash reserves have decreased by 7% to £290,000. Creditors have decreased by 8.8%, suggesting better management of short-term debts. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises questions. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company's focus on a niche market and its commitment to customer satisfaction seem to be driving sales, but the financial data suggest it's burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen, but Hot Octopuss Ltd is clearly navigating a competitive landscape while striving to maintain its brand identity and customer base.

Registered in England/Wales under the registration number 07556613, with a registered address at PO7 6XP, United Kingdom, Denmead, Hampshire, Larch House, Parklands Business Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.